Security and cybercrime was top of mind for many enterprises, this week, as Verizon unveiled the 2015 edition of its annual “Data Breach Investigations Report.” This exhaustive 70-page analysis, offers insights into numerous cybersecurity issues ranging from old-school malware and phishing scams to the latest mobile data intrusions. This week, I’m highlighting several articles that did a great job cherry-picking key aspects of the report and data security as a whole.
Read the full “2015 Data Breach Investigations Report” to learn how you can better protect your enterprise organization from a cyberattack and safeguard your customers’ personal information.
User Mistakes Aid Most Cyber Attacks, Studies Show
In the best-known annual study of data breaches, a report from Verizon found that more than two-thirds of the 290 electronic espionage cases it learned about in 2014 involved phishing, the security industry's term for trick emails. (Reuters)
Cyber Crime Still on the Rise, Using Nine Basic Attack Methods
The number of significant computer security breaches at large companies, government agencies and other organizations continues to rise, and nearly all of them were variants of one of nine kinds of attacks, new research suggests. (re/code)
Phishing Catches Victims 'in Minutes'
Analysis of data breaches found that, in many cases, it had taken less than two minutes for freshly sent phishing emails to catch their first victim, and half of the victims had clicked on the message within the first hour of it being sent. Although attackers racked up victims quickly, it took companies far longer to notice they had been compromised. (BBC News)
What Banks Need to Know from Verizon's Comprehensive Breach Report
Several trends and insights emerge from the data that banks could use to hone their security efforts. Among them: Hackers are attacking companies with multiple motives and multiple attack vectors; phishing remains effective; and cyber-threat sharing efforts need to speed up. Here are seven key takeaways for banks. (American Banker)
How Much will a Data Breach Cost Your Company?
A company that suffers a data breach involving just 100 records could expect to be dealing with a cost measured in the tens of thousands of dollars. The actual cost incurred by a breach can vary substantially depending on a business' industry. One of the most significant factors is the type of data lost, which can be anything from payment card details to medical records. (Computerworld)
Visit Verizon Enterprise Solutions’ Security Products and Services to learn how to fortify your enterprise network and data from cyberattacks.
